Square Mile Consulting and Research chief executive Richard Romer-Lee (pictured) has been appointed co-CEO of Titan Asset Management.
He will share the role alongside current Titan AM CEO Paul Hunt, while also retaining his role as head of Square Mile.
The FCA approved Titan’s acquisition of Square Mile on Friday (23 February).
The acquisition, first announced in June last year, includes the £2.5bn in assets under management held across Square Mile’s MPS solutions.
Square Mile will continue to operate under its own brand and management, while supported by Titan Wealth.
See also: Square Mile ousts trio of BNY Mellon funds from ratings academy
Romer-Lee said: “The completion of Titan Wealth’s acquisition of Square Mile marks a very exciting milestone, both for our business and the wider Titan Wealth group of companies.
“The backing this brings means that we can forge ahead with our commitment to strengthen and broaden the services we provide to our clients and will help us achieve our long-term growth ambitions.”
This article was written for our sister title Portfolio Adviser
